International law firm Osborne Clarke advised KSK-Wagniskapital GmbH on its participation in the growth financing of Aachen-based impact start-up everwave, which focuses on innovative solutions for water cleaning.

Information on the Target

everwave is an innovative impact start-up based in Aachen, Germany, dedicated to addressing pollution in aquatic environments. The company specializes in the development and operation of technologies designed to clean water bodies, utilizing a range of solutions including proprietary waste-collecting boats, barriers, manual clean-up efforts, and AI-driven analysis. everwave's primary mission is to intercept plastic waste in rivers before it reaches the oceans, thereby contributing to environmental preservation.

A key component of everwave's business model is its certified Plastic Credit System, which allows companies to fund the recovery of plastic waste while transparently offsetting their plastic footprint. Since its inception, everwave has successfully removed over two million kilograms of waste from bodies of water in countries such as Thailand, Cambodia, and Albania. Additionally, the start-up focuses on developing local recycling infrastructures and creating jobs in the communities it serves.

Industry Overview

The environmental technology industry in Germany has shown significant growth over the past few years, driven by increasing awareness of climate change and the urgent need for sustainable practices. Ger